taxes Property Tax Assistance

2018 ISD Summary Worksheet

019/Bowie

019-910/Malta ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 8,953,108 .9624 9,302,897 8,953,108
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 197,450 N/A 197,450 197,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,389,298 1.3590 1,022,326 1,389,298
D2. Real Prop Farm & Ranch 1,031,630 N/A 1,031,630 1,031,630
E. Real Prop NonQual Acres 13,809,837 .9911 13,933,848 13,809,837
F1. Commercial Real 291,494 N/A 291,494 291,494
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,310,589 N/A 1,310,589 1,310,589
L1. Commercial Personal 109,969 N/A 109,969 109,969
L2. Industrial Personal 320,366 N/A 320,366 320,366
M. Other Personal 823,751 N/A 823,751 823,751
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 28,237,492 28,344,320 28,237,492
Less Total Deductions 7,197,947   7,481,566 7,197,947
Total Taxable Value 21,039,545 20,862,754 21,039,545 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
22,637,713 21,039,545 22,637,713 21,039,545


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,598,168 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
22,637,713 21,039,545 22,637,713 21,039,545

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified